GDP and employment growth
Philip Cross
A variety of factors contributed to the slowdown of output growth relative to employment growth during 2006. However, 2006 was not unique—GDP and job growth rates have converged frequently in recent years, including most of 2002 and 2003. After reviewing the sources of last year’s productivity slowdown by industry, the negative impact of labour shortages on the quality of labour, especially in western Canada, is examined.
Work Absence Rates
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